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May 29, 2026 Crystal Henwood Clerk of the Board Nova Scotia Energy Board 1601 Lower Water Street, 3rd Floor Halifax, NS B3J 3S3 Re: Application of Short Run Marginal Cost (SRMC) Test to Rates Report for 2025 Dear Ms. Henwood: In its Order...
AI summary NS Power submitted its 2025 SRMC Test to Rates Report, noting rates have consistently met the SRMC test except for isolated exceptions tied to temporary events like the 2022 Ukraine war. The report's complexity has increased due to time-varying rates and fuel cost deferrals, though the SRMC Test has not influenced rate-setting since 2009.